Bearish Lamensdorf’s 7 Charts To Watch in 2017Bala Murali Krishna
The Dow Jones Industrial Average is up about 8.5% since Donald Trump won the presidential election – up from 18, 333 on Nov. 8 to 19,891 on Feb. 1. Many have been concerned by the surge. To Brad Lamensdorf, author of The Lamensdorf Market Timing Report, this “large dose of enthusiasm into an already overvalued market” is “very worrisome.”
“From a contrarian perspective, these record-high indicators are warning signals to watch out. We take these warning signs very seriously,” he wrote in . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible